asked the Prime Minister whether he will consider the desirability of setting up a Select Committee to consider the relative advantages or disadvantages of being a creditor or a debtor nation, and of inflating or deflating the currency, so that the minds of politicians and bankers may be rendered more clear as to the objects of financial legislation and administration?

I do not think a Committee of the kind suggested would be a suitable body for such an economic investigation as the hon. and gallant Member desires.

Is the right hon. Gentleman himself in favour of being a creditor nation with other people working for you and your own people unemployed, or a debtor nation with your people working for someone else?

I am not in favour of accepting either suggestion.